Transcript of Earnings Conference Call held on Tuesday, August 11, 2026.

LATL:CS:REG30:2026-27 Date: 18.08.2026 BSE Limited National Stock Exchange of India Limited Listing & Compliance Department Listing & Compliance Department Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1 Block G, Dalal Street, Mumbai - 400001 Bandra Kurla Complex, Bandra (E), Mumbai – 400051 Security Code : 532796 Symbol : LUMAXTECH Subject: Transcript of Earnings Conference Call - Q1 FY 2026-27 Dear Sir/ Ma’am, Pursuant to Regulation 30 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and other applicable Regulations, please find enclosed herewith the Transcript of Earnings Conference Call for all Investor/General Public which was held on Tuesday, August 11, 2026 at 03:00 P.M. (IST) to discuss the Operational and Financial performance of the Company for the 1st Quarter ended June 30, 2026. The transcript will also be made available on the website of the Company at https://www.lumaxworld.in/lumaxautotech/transcript.html This is for your information and records. Thanking You, Yours Faithfully, For Lumax Auto Technologies Limited Pankaj Mahendru Company Secretary & Compliance Officer ICSI Membership No. A28161 Encl: As stated above “Lumax Auto Technologies Limited Q1 FY 27 Earnings Conference Call” August 11, 2026 MANAGEMENT: • Mr. Deepak Jain – Vice Chairman • Mr. Anmol Jain – Managing Director • Mr. Sanjay Mehta – Director and Group Chief Financial Officer • Mr. Vikas Marwah – Chief Executive Officer • Mr. Ankit Thakral – Chief Financial Officer • Mr. Naval Khanna – Head of Corporate Taxation • Ms. Surabhi Chandna – Group Head of Investor Relations and Value Creation Page 1 of 19 Lumax Auto Technologies Limited August 11, 2026 Moderator: Ladies and gentlemen, we welcome you all to the Q1 FY 27 Earnings Conference Call of Lumax Auto Technologies Limited. This conference call may contain certain forward-looking statements about the Company, which are based on the beliefs, opinions, and expectations of the Company as on date of this call. These statements are not the guarantees of future performance and involve risks and uncertainties that are difficult to predict. As a reminder, all participant lines will be in the listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing “*” then “0” on your touch- tone phone. Please note that this conference is being recorded. I now hand the conference over to Mr. Anmol Jain – Managing Director. Thank you, and over to you, sir. Anmol Jain: A very good afternoon, everyone, and thank you for joining us for Lumax Auto Technologies Limited’s Q1 FY 27 Earnings Conference Call. It is always a pleasure to welcome you all. I am joined by our leadership team today, including Mr. Deepak Jain – Vice Chairman, Mr. Sanjay Mehta – Director and Group CFO, Mr. Vikas Marwah – CEO of the Company, Mr. Ankit Thakral – the CFO of the Company, Mr. Naval Khanna – Head of Corporate Taxation and Ms. Surabhi Chandna – Group Head of Investor Relations and Value Creation, along with our Investor Relations Advisor, SGA. We have uploaded our Earnings Presentation on the Stock Exchanges and the Company’s website. I do hope everybody had an opportunity to go through the same. Before discussing the Company’s performance, let me briefly touch upon the broader macroeconomic environment: The global economy continues to navigate a challenging geopolitical landscape with the ongoing conflict in the Middle East, heightening concerns around energy security, supply chain disruptions, and inflationary pressures. Encouragingly, the past few months have witnessed signs of de-escalation, providing some stability to the global market, although the situation remains fluid and warrants close monitoring. India, while not entirely insulated from these global developments, has continued to stand out as one of the world’s fastest-growing major economies. A strong domestic demand, sustained public capital expenditure and a resilient manufacturing and services sector have supported economic momentum. Page 2 of 19 Lumax Auto Technologies Limited August 11, 2026 Despite the challenging operating environment, the Indian automotive industry has delivered a strong start to FY 27, with production witnessing a healthy growth of 22% year-on-year (y-o-y), with all major vehicle segments reporting good traction. Passenger vehicle production increased 17% y-o-y to 14.5 lakh units. Commercial vehicle production grew by 15% to around 3 lakh units. 2-Wheeler production rose 23% to 72.5 lakh units, while 3-Wheeler production recorded the strongest growth of 39% to 3.5 lakh units. The broad-based growth in production was led by lower GST rates, easier financing, new model launches, leading to resilient consumer demand. In Q1 FY 27, passenger vehicles, commercial vehicles, and 3-wheelers recorded their highest-ever 1st Quarter sales, while exports across all vehicle segments also reached record levels. Improved monsoon conditions and stable inflation further supported demand, particularly in the rural markets. As we enter the festive season, demand is expected to remain healthy, with many leading OEMs (Original Equipment Manufacturers) reporting low inventory levels. The industry continues to closely monitor commodity prices, geopolitical developments and supply chain dynamics that could influence input costs and overall market sentiment. Speaking on the performance of the Company: We have commenced FY 27 on a strong note with robust revenues and profitability. The Q1 FY 27 revenue of INR 1,364 crore grew by 33% y-o-y, with EBITDA of INR 205 crore up 51% y- o-y with margins of 15.1%, an expansion of 190 bps. Profit after tax for the quarter stood at INR 99 crore, registering a growth of 83% y-o-y. Coming to the order book: We are pleased to report a robust order book of INR 1,600 crore, which provides a healthy visibility for the business going forward. Of this order book, approximately 24% is expected to be executed in this FY 27 itself, 56% in FY 28, and the remaining 20% in FY 29. The order book continues to reflect a healthy traction across all our product verticals, with Advanced Plastics contributing the largest share, followed by Mechatronics, Alternate Fuels and Structures and Control systems. To support our growing scale, several expansion projects are underway. To highlight a few key projects: • A new plant at Chakan for the IAC division to cater to upcoming demand from Mahindra & Mahindra, while simultaneously optimizing product lines between this facility and the existing ones. Page 3 of 19 Lumax Auto Technologies Limited August 11, 2026 • The previously announced mega Mechatronics plant in Manesar, Haryana is expected to be commissioned by Q3 of this year, where we are consolidating four entities, Lumax Yokowo, Lumax Alps Alpine, Lumax Ituran and Lumax FAE, under one roof to optimize resources and fixed costs. • At Greenfuel Energy, we are pleased to report that we onboarded Mahindra as a new customer and to cater to their requirements, we shall be setting up a new facility in Nashik. In Closing: While we remain watchful of the macroeconomic uncertainties, commodity inflation and the energy price volatility, the overall demand environment and industry outlook continues to be favorable, giving us confidence for the near term. In the long term, our compass remains our “20.20.20.20 Vision”, aiming for a 20% revenue CAGR from 2025 to 2031, inching closer to 20% EBITDA margin over the next 5 to 7 years. And by FY 2031, we aspire to more than double our current revenue base to upwards of INR 10,000 crore, fueled by a blend of organic excellence and strategically inorganic opportunities. With this, I would like to now hand over the call to Mr. Ankit Thakral – the CFO of the Company. Ankit Thakral: Thank you very much, sir. Good afternoon, everyone, and thank you for joining [Showing first 8,000 characters — download PDF for full document]